Stimulus Package Cost Breakdown

President trump finally signed a.

Stimulus package cost breakdown. A look at what s in the stimulus package trump signed the 900 billion package provides more relief beyond the 600 checks that have become the focus in washington. The per taxpayer cost of the stimulus bills. Breaking down the 900b stimulus package and 1 4t omnibus bill the legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass transit to.

However this direct payment probably won t be as much money as the first check worth 1 200 per individual taxpayer. Another stimulus check for individuals is on the table. For higher earners payment amounts will phase out ending altogether at the 99 000 income level.

There are three other key things to know about this portion of the stimulus funds. The centerpiece of this plan is a 1 200 direct payment for those earning up to 75 000 per year. Keep in mind some of the package is loans and may ultimately be paid back she said.

600 stimulus checks 300 bonus for federal unemployment benefits in new deal. In a nutshell the new package extends federal ui programs e g. About 16 800 per income taxpayer she said.

Families will also receive 500 per child. They range from the 1 1 trillion heals act to a skinny stimulus package that would cost roughly 300 billion. On march 25 2020 the senate passed congress 2 trillion coronavirus stimulus package a rare piece of legislation that will have an immediate and lasting impact on ordinary citizens across the country.

Pua peuc with an extra 300 week for all ui claimants for at least an additional 11 weeks.